ISLAMABAD: Finance Minister Muhammad Aurangzeb said that Pakistan is moving towards development after achieving economic stabilization.

In a statement on Thursday, he said all matters with the International Monetary Fund (IMF) had been resolved smoothly.

The Finance Minister expressed gratitude to Prime Minister Shehbaz Sharif’s team, the IMF negotiating team, and the relevant institutions, for their crucial role in this regard.

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The Finance Minister said those matters would be finalised at the IMF board meeting during this month. He said the reduction in the policy rate would increase investment and business activities in the country.

The Finance Minister also noted that the rise in economic activities would create job opportunities.

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